Month: April 2019

A truck pulling an Amazon Prime branded cargo container waits beside the entrance gate at Amazon.com Inc.’s new fulfillment center in Kolbaskowo, Poland, on Friday, Feb. 16, 2018. Bartek Sadowski | Bloomberg | Getty Images Amazon has been testing a new online service that matches truck drivers with shippers since last year, taking its first

An Eli Lilly & Co. logo is seen on the cap of a pill bottle in this arranged photograph at a pharmacy in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of pharmaceutical giants Pfizer and Merck rose more than 1% in premarket trading on Tuesday after reporting first-quarter financial results that beat

Check out the companies making headlines midday Tuesday: Alphabet — Shares of Alphabet tanked more than 8%, on track for its worst day since Dec. 1, 2008, after the Google parent posted weaker-than-expected quarterly results. The company posted revenue of $36.34 billion in the first quarter, versus $37.33 billion expected per Refinitiv. The revenue was

Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new

Better-than-expected quarterly earnings and revenue at embattled General Electric reflect incremental progress being made by the new CEO, GE board member Ed Garden told CNBC on Tuesday. “But nobody at GE is doing a victory lap,” stressed Garden, chief investment officer and founding partner at Trian Fund Management. “While we’re confident on the path that

Hero Images | Hero Images | Getty Images Talking about money is one of the most important skills to being a fiscally responsible and literate person. However, 44% of Americans surveyed would rather discuss death, religion or politics than talk about personal finance with a loved one. Why? Two major reasons are embarrassment and fear

A bill that would reverse some controversial moves made at the nation’s consumer watchdog could get a floor vote in the House in May, according to a letter that Democratic lawmakers received from their leadership late last week. The Consumers First Act, which was approved 34-26 by the House Financial Services Committee in late March,

Inna Kelly is a managing director in Morgan Stanley’s San Francisco office. Morgan Stanley When clients know their “burn rate” Inna Kelly says she’s able to manage their money better. Regardless of what the market is doing, Kelly advises her clients to keep track of their monthly spending. “Clients get too busy and don’t know how

The Las Vegas market leads Trulia’s list Getty A recent Trulia study reports shifting markets in some areas where it’s becoming a buyer’s market. That long-awaited and long overdue shift is finally becoming a reality. You can tell a buyer’s market when homes take longer to sell, with increasing price cuts resulting in a larger percentage of homes

European stocks are set to open mixed Tuesday morning, after weaker-than-expected data in China underscored lingering concerns about the global economy. The FTSE 100 is seen 3 points higher at 7,443, the CAC is expected to open 12 points lower at 5,568, while the DAX is poised to start down around 20 points at 12,308,

The silhouettes of attendees are seen at the Google booth during the 2018 Consumer Electronics Show (CES) in Las Vegas, Jan. 11, 2018. David Paul Morris | Bloomberg | Getty Images Alphabet, the parent company of Google, is set to report first-quarter earnings after the bell on Monday. Company executives will discuss the results with

President Donald Trump gestures as he addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, April 26, 2019. Lucas Jackson | Reuters U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas,

3M has adopted a more aggressive playbook to mitigate the challenges it faced during the first three months of 2019, CEO Michael Roman told CNBC on Monday. “We were behind the curve in what we were doing to take costs down in Q1,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. “The

Who is your financial role model? If you’re married and said your spouse, you may want to rethink your answer. The latest CNBC and Acorns Invest in You Savings Survey found that 20% of married men said “their partner or their spouse” when answering that question. But women, at 32%, are much more likely to

Mom agreed to let dad manage their money after he beat the fund managers she chose. Getty When my dad retired, his plan was to manage my parent’s retirement accounts on his own. My mom didn’t want a rookie investor to manage their money so she agreed to let him do so only after dad

Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses delaying till 70 or filing now to try to lock in benefits amounts even if they’re lower, potential availability of divorced spousal benefits, earnings Social Security credits, and when

Entergy Corp.: “Entergy’s terrific. It’s been a big winner. I think it continues to win. I like that company very much.” Novocure Ltd.: “Novocure is a good company. I don’t understand why it’s independent. I think that one of these big drug companies or device companies should just go buy it, ’cause it’s got great

Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Restaurant Brands International on Monday reported quarterly earnings that fell short of analysts’ expectations. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 55 cents,

Google’s New York City office in lower Manhattan. Spencer Platt | Getty Images Check out the companies making headlines after the bell: Shares of Alphabet tanked more than 6% in extended trading Monday following the release of the tech giant’s mixed first-quarter results. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion.